NOT LISTED FOR SALE

Estimated Value: $363,312

-- Bed
-- Bath
2,070 Sq Ft
$176/Sq Ft Est. Value

Last Sold August 31, 2016

Last sale price $138,000 $67 Per Sq Ft

Est. 163% increase in value since last sale

Current estimated payment $2,177/month

62 Days on Market

About This Home

As of August 2016

Rare small office/warehouse opportunity in central Tucson. Owner financing offered. Seller will consider financing with 25% down payment. Great for small owner operator tired of paying rent. Interest rate and terms are negotiable and will depend on the buyer's credit. Large fenced yard for vehicle or material storage. The Warehouse half of the building is cooled by evaporative cooling. The front office part of the building has HV/AC. All offers will be considered.

Last Agent to Sell the Property

Larry Wright

DeLex Realty License #SA031068000 Listed on: 05/23/2016

DeLex Realty

Last Buyer's Agent

Non-MLS Agent

Non-MLS Office

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $3,199

Year Built

  • Built in 1965

Lot Details

  • 0.35 Acre Lot
  • Chain Link Fence
  • Property is zoned C-2

Home Design

  • Built-Up Roof
  • Foam Roof
  • Block Exterior

Interior Spaces

  • 2,070 Sq Ft Home
  • Concrete Flooring

Parking

  • 10 Open Parking Spaces
  • 10 Parking Spaces

Utilities

  • Heating System Uses Natural Gas

Listing and Financial Details

  • Tax Lot 00004
  • Assessor Parcel Number 106-03-056

Community Details

Building Details

  • Gross Income $22,800
  • Net Operating Income $13,528

Additional Features

  • Sawtelle Place Subdivision
  • Showroom

Property Details

Property Type

Other

Est. Annual Taxes

$3,199

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Cross Street: Stone Ave & Fort Lowell
  • Legal Info Range: 13
  • Property Type: Comm/Industry Sale
  • Zoning: C-2
  • Current Use: Office, Warehouse
  • Number Of Buildings: 1
  • Year Built: 1965
  • Tax Year: 2014
  • Lot Size Acres: 0.35
  • Subdivision Name: SAWTELLE PLACE
  • Structure Type: Commercial, Office, Distribution/Warehse
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Concrete

Exterior Features

  • Fencing: Chain Link
  • Construction Type: Block
  • Roof: Built-Up, Foam
  • Construction:Block: Yes

Garage/Parking

  • Open Parking Spaces: 10.0
  • Total Parking Spaces: 10.0
  • General Property Description:Uncvrd Parking Spcs: 10.0
  • General Property Description:Total Parking Spcs: 10.0
  • Parking:Fenced: Yes

Utilities

  • Electric: City Electric
  • Cooling: Warehouse Fan(s), Office A/C
  • Heating: Natural Gas
  • Green Building Features: Showroom
  • Water Source: City Franchise
  • Heating:Natural Gas: Yes

Association/Amenities

  • Amenities:Showroom: Yes

Fee Information

  • Annual Fuel Expense: 600.0
  • Trash Expense: 672.0
  • Annual Water Sewer Expense: 1200.0

Lot Info

  • Lot Size Sq Ft: 15318.0
  • Additional Parcels: No
  • Parcel #: 106-03-056
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Electric Expense: 1200.0
  • Annual Gross Income: 22800.0
  • Insurance Expense: 1200.0
  • Maintenance Expense: 1200.0
  • Property Net Operating Income: 13528.0
  • Vacancy Allowance Rate: 0.05

Tax Info

  • Tax Annual Amount: 3199.0
  • Tax Book Number: 106.00
  • Tax Lot: 00004
  • Tax Map Number: 3.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 14, 2022
Sold by
Garcia David and Garcia Staci
Bought by
David B And Staci R Garcia Revocable Family T
Current Estimated Value
$363,312

Purchase Details

Closed on
Jun 11, 2020
Sold by
Sprigg Darlene
Bought by
Garcia David and Garcia Staci

Purchase Details

Closed on
Aug 7, 2018
Sold by
Cowles Bret D and Shen Gao Qin
Bought by
Sprigg Jose and Sprigg Darlene

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,000
Interest Rate
4.5%
Mortgage Type
Unknown

Purchase Details

Listed on
May 23, 2016
Closed on
Sep 1, 2016
Sold by
Grygutis James E
Bought by
Cowles Bret D and Shen Gao Qin
Seller's Agent
Larry Wright
DeLex Realty
Buyer's Agent
Non-MLS Agent
Non-MLS Office
List Price
$199,000
Sold Price
$138,000
Premium/Discount to List
-$61,000
-30.65%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.06%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
David B And Staci R Garcia Revocable Family T -- --
Garcia David $220,000 Signature Ttl Agcy Of Az Llc
Garcia David $220,000 Signature Ttl Agcy Of Az Llc
Sprigg Jose $160,000 Long Title Agency Inc
Cowles Bret D $138,000 Title Security Agency Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sprigg Jose $130,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/31/2016 08/31/16 Sold $138,000 -30.7% $67 / Sq Ft
07/17/2016 07/17/16 Pending -- -- --
05/16/2016 05/16/16 For Sale $199,000 -- $96 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $3,168 $25,743 -- --
2024 $3,143 $25,283 -- --
2023 $3,143 $24,809 $0 $0
2022 $3,204 $25,017 $0 $0
2021 $3,226 $22,691 $0 $0
2020 $3,206 $26,082 $0 $0
2019 $3,124 $21,611 $0 $0
2018 $3,174 $21,611 $0 $0
2017 $3,275 $21,611 $0 $0
2016 $3,138 $20,866 $0 $0
2015 $3,321 $21,713 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5447054

Arizona Regional Multiple Listing Service (ARMLS)

APN: 106-03-0560